Dell Technologies (DELL) Gross Margin (2015 - 2026)

Dell Technologies (DELL) has reported Gross Margin for 12 consecutive years, with 17.75% the latest figure, recorded in Q2 2026.

• Gross Margin for Q2 2026 came in at 17.75%, down 337.0% year-over-year; the trailing twelve-month figure through May 2026 was 19.07% (down 300.0% YoY), and the FY2026 annual result was 20.0%, down 224.0% from the prior year.
• Gross Margin was 17.75% for Q2 2026 at Dell Technologies, down from 20.16% in the prior quarter.
• Over five years, Gross Margin peaked at 24.28% in Q2 2023 and troughed at 17.75% in Q2 2026.
• Average Gross Margin over 5 years is 21.73%, with a median of 21.9% recorded in 2024.
• Year-over-year, Gross Margin jumped 303 bps in 2023 and sank 356 bps in 2026.
• Over 5 years, Gross Margin stood at 23.09% in 2022, then grew by 1 bps to 23.37% in 2023, then declined by 6 bps to 22.0% in 2024, then dropped by 6 bps to 20.71% in 2025, then declined by 14 bps to 17.75% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 17.75% in Q2 2026, 20.16% in Q1 2026, and 20.71% in Q4 2025.